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Fayette County approves $625,000 purchase of two parcels on South Fayette Street
Summary
Commissioners adopted a resolution to buy two parcels (parcels 213-024-3-00-035-00 and 213-024-3-00-036-00) from KM Properties, Ltd. for $625,000; closing is required on or before Sept. 30, 2026 with standard proration of 2026 taxes.
The Fayette County Board of Commissioners adopted a resolution July 13 authorizing the purchase of two parcels owned by KM Properties, Ltd. in Washington Court House for a combined purchase price of $625,000.00. The resolution references Fayette County Auditor parcel numbers 213-024-3-00-035-00 and 213-024-3-00-036-00, requires customary allocation of closing costs, and states that taxes for 2026 will be prorated to the date of closing.
Possession is to transfer at closing, which the resolution requires occur on or before September 30, 2026. The resolution notes the county’s right to conduct a title search and requires the seller to cure any title defects within 30 days of notice; the property is being purchased in 'AS IS, WHERE IS' condition, per the adopted resolution.
